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Halliburton Co. (NYSE: HAL) closed the day trading at $36.92 up 0.52% from the previous closing price of $36.73. In other words, the price has increased by $0.52 from its previous closing price. On the day, 5.5 million shares were traded. HAL stock price reached its highest trading level at $37.48 during the session, while it also had its lowest trading level at $36.81.
Ratios:
For a better understanding of HAL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 2.12. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.88.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on April 24, 2024, Reiterated its Buy rating but revised its target price to $48 from $47 previously.
On January 24, 2024, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $49 to $51.
On June 07, 2023, CapitalOne started tracking the stock assigning a Overweight rating and target price of $41.CapitalOne initiated its Overweight rating on June 07, 2023, with a $41 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’24 when Banks Margaret Katherine sold 5,000 shares for $35.30 per share. The transaction valued at 176,500 led to the insider holds 9,625 shares of the business.
Miller Jeffrey Allen sold 377,000 shares of HAL for $13,308,100 on Mar 04 ’24. The Director, President & CEO now owns 759,015 shares after completing the transaction at $35.30 per share. On Oct 20 ’23, another insider, Beckwith Van H., who serves as the EVP, Secretary and CLO of the company, sold 5,000 shares for $42.94 each. As a result, the insider received 214,700 and left with 176,334 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HAL now has a Market Capitalization of 32685312000 and an Enterprise Value of 39627321344. As of this moment, Halliburton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.79, and their Forward P/E ratio for the next fiscal year is 9.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 3.39. Its current Enterprise Value per Revenue stands at 1.712 whereas that against EBITDA is 7.75.
Stock Price History:
Over the past 52 weeks, HAL has reached a high of $43.85, while it has fallen to a 52-week low of $27.84. The 50-Day Moving Average of the stock is -2.83%, while the 200-Day Moving Average is calculated to be -3.10%.
Shares Statistics:
Over the past 3-months, HAL traded about 6.41M shares per day on average, while over the past 10 days, HAL traded about 6305330 shares per day. A total of 889.00M shares are outstanding, with a floating share count of 881.45M. Insiders hold about 0.44% of the company’s shares, while institutions hold 86.84% stake in the company. Shares short for HAL as of 1713139200 were 24853292 with a Short Ratio of 3.88, compared to 1710460800 on 23069152. Therefore, it implies a Short% of Shares Outstanding of 24853292 and a Short% of Float of 3.7600000000000002.
Dividends & Splits
HAL’s forward annual dividend rate is 0.65, up from 0.65 a year ago. Against a Trailing Annual Dividend Yield of 0.017696705The stock’s 5-year Average Dividend Yield is 2.19.
